According to data from The Block Pro, the total revenue of the Farcaster protocol has reached $1 million. Analysis shows that the first wave of attention for Farcaster was in early December 2023, when there was a small increase in paid users storing on the platform. The second wave began in late January and seemed to peak in early February, reaching $600,000. This means a growth of about 60% in the past two months. According to Dune data, the number of addresses connected to the Farcaster protocol has exceeded 315,000, with a total of approximately 290,000 users.

Farcaster has launched a new feature called Actions, which allows developers to directly build add-ons within Farcaster. This version enables users to seamlessly install and activate Actions through the Farcaster framework. Multiple clients including Warpcast, Nook, and Buttrfly, as well as mobile and web clients, have already supported the operation. Each actor has added an "Actions" button. Actions can be programmed to perform various tasks, such as interacting with databases or smart contracts, as well as making API calls on behalf of users.

Build your own ERC-4337 Safe account inside a Farcaster Frame, and follow us there!

There's big news in the crypto social scene today. Lens just launched permissionless signups 👀 This means that anyone can now create a Lens profile without needing an invite, opening up the decentralized social network to a broader audience.  Accordingly, this update brings Lens to par with Farcaster, which rolled out permissionless access in October 2023 and is the current king of the hill among crypto social platforms.  Farcaster has seen explosive growth since then, particularly after the launch of Farcaster Frames—interactive postable apps—earlier this year.  So the main question right now is clear: can Lens catch up to Farcaster’s traction with its own second wind now that it’s gone permissionless?

Dan Romero, co-founder of the decentralized social protocol Farcaster, announced on social media that it is now possible to verify Solana addresses on Farcaster. Verification is part of the protocol, which is decentralized and can be used on the hub without permission.

After the decentralized social protocol Farcaster launched the mini-program Frames, its co-founder Dan Romero was interviewed. He said that currently, creators and users have no direct contact, and developers do not have access to the API. The biggest misconception about decentralized social media is that they are difficult to use, but Frames can allow developers to create experiences for users. It is expected that within five years, decentralized social platforms can reach a user level of one billion. Dan Romero also revealed that he and Coinbase co-founder Fred Ehrsam were college roommates, but at the time, they mistakenly believed that Bitcoin was a Ponzi scheme. After reading the white paper carefully, they completely changed their minds and went to work at Coinbase. Now, he has been working in the cryptocurrency industry for ten years.

According to Dune data, on February 14th, the total number of users for the decentralized social protocol Farcaster reached 177,000, and users have been posting over 89,000 casts on average per day in the past 30 days.

While many may initially perceive $DEGEN as another memecoin, its role in the Farcaster ecosystem transcends this label. It has become a true community token, supporting talented artists and developers who are building NFTs and other use cases around it.

According to Dune data, the total number of users of the decentralized social protocol Farcaster exceeded 120,000, and users averaged nearly 30,000 casts per day in the past 30 days.

Dan Romero, co-founder of the decentralized social protocol Farcaster, announced that the daily active users of Farcaster exceeded 10,000 for the first time on January 27th.